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MAGNA ELECTRO CASTINGS
PE (Price/Earnings) Ratio

The Current P/E Ratio of MAGNA ELECTRO CASTINGS is 20.18.

Share Price ₹1,110.5Jun 11,2025
Market Cap ₹466.4 Cr
Earnings-TTM₹23.1 CrTTM-Standalone Results
Price/Earnings20.18xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of MAGNA ELECTRO CASTINGS

Price-to-Earnings ratio, P/E Multiple, or P/E Ratio is an important valuation multiple that is defined as:

P/E = Market Capitalization / Net Income

or, using per-share numbers:

P/E = Stock Price / Earnings Per Share (EPS)

Applying the above formula, P/E ratio of MAGNA ELECTRO CASTINGS is calculated as :

Current Market Cap [ ₹466.4 Cr] as on Jun 11,2025

(/) Earnings [ ₹23.1 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 20.18x ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

Thus, for MAGNA ELECTRO CASTINGS , the investors are currently willing to pay 20.18 times earnings to own 1 share of the company.

PE Multiples are the most widely used valuation multiple in practice.

Since P/E ratio uses Net Income in the calculation, P/E multiples are not always reliable for valuing companies with negative earnings.

In such cases, you may consider using Price to Book ratio or Price to Sales ratio of MAGNA ELECTRO CASTINGS !

P/E ratios, also, would not adjust for differences in the capital structure between companies.

The chart below summarizes the trend in P/E Ratio of MAGNA ELECTRO CASTINGS over the last five years.

Historical PE (Price/Earnings) ratio chart of MAGNA ELECTRO CASTINGS


PE Ratio Performance Analysis for MAGNA ELECTRO CASTINGS

- MAGNA ELECTRO CASTINGS 's latest p/e ratio is 20.18x.

- MAGNA ELECTRO CASTINGS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 10.17x.

- MAGNA ELECTRO CASTINGS 's operated at median p/e ratio of 10.94x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, MAGNA ELECTRO CASTINGS 's p/e ratio peaked in Mar2021 at 14.03x.

- MAGNA ELECTRO CASTINGS 's p/e ratio hit its five-year low in Mar2023 of 6.87x.


How does MAGNA ELECTRO CASTINGS 's P/E Ratio benchmark against top 10 peers in Castings/Forgings Industry?

Peer Comparison (Castings/Forgings Industry)Earnings-TTM (Cr)PE RatioMarket Cap
MAGNA ELECTRO CASTINGS 23.1220.18466.4
AIA ENGINEERING LTD1,048.3231.2632,765.7
PTC INDUSTRIES LTD61.02378.9523,122.8
KIRLOSKAR FERROUS INDUSTRIES LTD294.0432.849,655.8
ELECTROSTEEL CASTINGS LTD709.7111.187,937.5
STEELCAST LTD72.2031.762,293.4
ALICON CASTALLOY LTD46.0632.451,494.5
NELCAST LTD37.2930.551,139.3
SYNERGY GREEN INDUSTRIES LTD16.8949.93843.4
UNI ABEX ALLOY PRODUCTS LTD33.5720.51688.6
INVESTMENT & PRECISION CASTINGS LTD6.0680.46487.4

Castings/Forgings Industry Benchmark (Top 10) PE Analysis vs MAGNA ELECTRO CASTINGS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 11.18x
Max industry PE 378.95x
Median industry PE 31.76x
Average industry PE 65.46x



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